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There's good news in the housing market - for renters. What you pay is on the way down. The average rent in the U.S. fell 0.4% in the last three months of 2008, according to a survey of large apartment buildings in 79 metro markets by real estate analytics firm Reis. Even though landlords often find it tough to raise rent prices in winter months, the fourth quarter's decline is significant for being the first quarterly drop since the beginning of 2003. (See who's to blame for the financial crisis...

Author: /time Magazine | Title: Bright Spot in the Housing Crash: Cheaper Rents | 1/22/2009 | See Source »

...reasons curbing pollution can have so immediate an effect is that even a little dirt can do a lot of damage. A reduction of just 10 micrograms (10 millionths of a gram) of pollution per cubic meter of air - a degree of improvement many of the surveyed cities were able to attain during the two-decade-plus period - could extend human lifespans a full nine months. How small is 10 micrograms per cubic meter? Consider that simply by living with a cigarette smoker, you're exposed to a daily dose of 20 to 30. Pittsburgh, Pa., is one city...

Author: /time Magazine | Title: Want to Live Longer? Cut the Pollution | 1/22/2009 | See Source »

...third of Taiwanese companies are ordering employees to take unpaid leave as the global economic downturn worsens, according to a recent survey by Yes123, a Taiwanese employment website. Especially hard-hit is the Hsinchu Science and Industrial Park, Taiwan's version of Silicon Valley, where more than 90% of the world's notebook computers, motherboards and cable modems, to name a few leading products, are made. It's also where most U.S. companies turn to subcontract manufacturing of their high-tech goods. (See the worst business deals...

Author: /time Magazine | Title: Forced Vacations for Taiwan Tech Workers | 1/20/2009 | See Source »

...best measurement of Obama's grass-roots power may still be its unrealized potential. In December, when the Owings group first met, about 4,500 house parties were held around the country, and a total of 550,000 people responded to an online survey asking how they would like to contribute their time and energy over the coming years. At about the same time, nearly 5,000 groups responded to a call from Obama's transition team for reports on the best ways to tackle health-care reform. More recently, some 100,000 people participated in an interactive feature...

Author: /time Magazine | Title: Obama's Permanent Grass-Roots Campaign | 1/15/2009 | See Source »

...second semester than were students who were not offered the supplemental financial aid. And the participants who were first offered cash incentives in spring 2004 - and thus whose progress was tracked for longer than that of subsequent groups before Hurricane Katrina abruptly forced researchers to suspend the survey for several months in August 2005 - were also more likely than their peers to be enrolled in college a year after they had finished the two-term program. (Read "Putting College Tuition on Plastic...

Author: /time Magazine | Title: Should Students Be Paid for Good Grades? | 1/14/2009 | See Source »

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